Errors and irregularities are defined as intentional distortions of facts. Errors Irregularities

One year ago, you purchased a $1,000 face value bond for a clean price of $980. The bond currently has seven years remaining until maturity, pays a coupon payment of $45 every six months, and has a yield to maturity of 6.87 percent. What is the percentage change in the bond price over the past year?

A. -6.24 percent B. -14.70 percent C. 15.48 percent D. 13.96 percent E. 6.61 percent

Which of the following is the first step in the personal selling process?

A) handling objections B) follow-up C) presentation and demonstration D) preapproach E) prospecting and qualifying